United Arab Emirates shares mixed at close of trade; DFM General down 0.16%

  • Investing.com
  • Stock Market News
United Arab Emirates shares mixed at close of trade; DFM General down 0.16%
Credit: © Reuters.

Investing.com – United Arab Emirates equities were mixed at the close on Sunday, as gains in the Consumer Staples , Insurance and Real Estate & Construction sectors propelled shares higher while losses in the Finance & Investment , Telecoms and Services sectors led shares lower.

At the close in Dubai, the DFM General fell 0.16%, while the ADX General index gained 0.02%.

The biggest gainers of the session on the DFM General were Takaful House (DU: DTKF ), which rose 4.71% or 0.036 points to trade at 0.800 at the close. Dubai Islamic Insurance Co. (DU: AMAN ) added 2.31% or 0.016 points to end at 0.708 and DXB Entertainments (P.J.S.C.) (DU: DXBE ) was up 1.80% or 0.006 points to 0.340 in late trade.

Biggest losers included Dubai Investments PJSC (DU: DINV ), which lost 2.50% or 0.050 points to trade at 1.950 in late trade. Gulf General Investments Company (DU: GGIC ) declined 2.41% or 0.007 points to end at 0.283 and Union Properties PJSC (DU: UPRO ) shed 1.50% or 0.011 points to 0.721.

The top performers on the ADX General were Methaq (AD: METH ) which rose 2.56% to 0.800, International Holding Company PJSC (AD: IHC ) which was up 2.34% to settle at 1.31 and Dana Gas (AD: DANA ) which gained 1.90% to close at 1.070.

The worst performers were Al Khaleej Investment Co PJSC (AD: KICO ) which was down 8.70% to 2.10 in late trade, Ad Natl Energy (AD: TAQA ) which lost 5.60% to settle at 1.180 and Rak Cmt & Cons (AD: RAKC ) which was down 3.26% to 0.890 at the close.

Declining stocks outnumbered rising ones by 17 to 10 and 4 ended unchanged; on the Abu Dhabi, 11 fell and 7 advanced, while 8 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.16% or 0.11 to $68.13 a barrel. Meanwhile, Brent oil for delivery in September rose 0.56% or 0.41 to hit $72.99 a barrel, while the August Gold Futures contract rose 0.65% or 7.90 to trade at $1231.90 a troy ounce.

USD/AED was up 0.00% to 3.6730, while EUR/AED rose 0.68% to 4.3051.

The US Dollar Index Futures was down 0.77% at 94.25.

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